Broward County Commission Regular Meeting
Director's Name: Norman Foster
Department: Office of Management and Budget
Information
Requested Action
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MOTION TO ADOPT supplemental budget Resolution within the Capital Funds in the amount of <$38,278,767> to adjust fund balance and other budgeted revenues and appropriate funds to reserves and other project commitments.
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Why Action is Necessary
Supplemental budgets are required whenever existing revenue sources are increased or decreased, resulting in a change to the total appropriation of a fund or for the creation of a new capital project over $25,000.
What Action Accomplishes
The primary purpose of this supplemental budget is to recognize the difference between the preliminary fund balance and the current budgeted fund balance of each fund. This budget amendment also includes a number of proposed appropriations to address issues that have arisen since the adoption of the Fiscal Year 2022 budget.
Is this Action Goal Related
No
Previous Action Taken
None
Summary Explanation/Background
Staff presents three supplemental budgets per year to the Board. The purpose of the second supplemental budget is primarily to reconcile the fund balances. This budget amendment also includes a number of proposed appropriations which are highlighted individually below. In general, additional fund balance is appropriated to reserves for allocation in the Recommended Fiscal Year 2023-2027 capital program.
THE OFFICE OF MANAGEMENT AND BUDGET RECOMMENDS APPROVAL OF THE FOLLOWING SUPPLEMENTAL BUDGET ACTIONS WITHIN THE CAPITAL FUNDS.
STREETS AND HIGHWAYS CAPITAL FUND (30105) - $400,000 - Budget fund balance is adjusted ($18,254), and additional one-time funds are transferred from the Constitutional Gas Tax fund ($381,746). Funds are appropriated for the drainage system cleanup at Pat Salerno Drive ($400,000).
ENGINEERING CAPITAL OUTLAY FUND (30110) - $2,916,504 - Budgeted fund balance is adjusted and the transfer from the Local Option Gas Tax Special Revenue Fund is increased. Funds are appropriated for communication system maintenance and enhancement and mast arms ($730,740), purchase of replacement radios ($245,000), and for special purpose equipment ($590,000) The remaining is appropriated to reserves ($1,350,764).
CONSTITUTIONAL GAS TAX CAPITAL FUND (30115) - $1,854,154 - Budgeted fund balance is adjusted ($1,452,297), the transfer from the Constitutional Gas Tax Special Revenue Fund is increased ($401,857), budget is restored to the 3rd Avenue Safety Improvements project ($280,520) and the reserve is adjusted accordingly ($1,585,034). In addition, funding is reduced from the completed Wiles Road, Riverside to Rock Island project <$1,100,000> and appropriated to Copans and Lyons Road Intersection ($500,000) and Oakland Park Boulevard and Nob Hill Road Intersection ($600,000). Adjustment is made to the Signal System Engineering project to reconcile prior year accruals <$11,400>.
GENERAL CAPITAL FUND (30205) - $52,217,586 -
Office of the Medical Examiner & Trauma Services: The appropriations of the following projects are reduced and transferred to the General Capital Reserve for Future Capital Outlay: the Mobile Investigations Office <$177,000>; the Mobile Pathology Unit <$365,000>; the Mobile Mortuary <$217,000>; the Toxicology Instrument Software Upgrade <$60,000>; and the Toxicology Instrument project <$41,182>.
Regional Emergency Services & Communications: $662,850 for the Next Generation Computer-Aided Dispatch project and $577,570 for purchase of replacement local government radios.
Parks & Recreation Division: The Parks Facilities Improvement project is reduced <$9,000> and transferred to support cost increases associated with the Markham Park Equipment project ($9,000).
Public Works Department, Construction Management: The appropriations of the following projects are increased to address cost increases: the roof replacement at the West Regional Courthouse ($1,074,000); the replacement of Air Handler Units at the Main Library ($612,000); the ongoing renovation at the Northwest Family Success Center ($258,000); the update of the fire alarm and public address systems at the Public Safety Building ($130,000); the replacement of the chiller at the Main Library ($549,000); and, the sewer pipe and restroom renovation at the Central Homeless Assistance Center ($207,000). Also, $214,527 is appropriated from General Capital resources for the Main Library Exterior Refurbishing project to reduce funding from this project in the Libraries Bond Capital Fund in this supplemental budget.
The following project budgets are reduced and transferred to the General Capital Reserve for Future Capital Outlay: the South Regional Roof Replacement <$847,000> and the Main Library Auditorium Renovation <$350,000>.
In addition, the following project budgets are reduced and transferred to support the 500 Car Garage Enabling Work project ($5,500,000), the 500 Car Garage ($13,702,000) and the Judicial Complex East Wing Renovation ($1,619,380); the Judicial Complex North Wing Upgrades project <$7,293,000>; the Judicial Complex West Tower Wayfinding project <$998,449>; the Judicial Complex West Tower Buildout project <$990,820>; the Judicial Complex North Wing Exterior Elevators project <$1,668,000>; the Judicial Complex Courthouse Drive Security project <$4,501,000>; and the Judicial Complex East Wing Enabling project <$4,570,111>. These projects will be programmed and budgeted in a later fiscal year in the upcoming Fiscal Year 2023 - Fiscal Year 2027 Capital Improvement Plan.
Public Works Department, Facilities Management: The following project budget is reduced and reallocated to support the aforementioned cost increases at the 500 Car Garage and the Judicial Complex East Wing Renovation: the North Tower Main Switchgear project <$800,000>. This project will be programmed and budgeted in a later fiscal year in the upcoming Fiscal Year 2023 - Fiscal Year 2027 Capital Improvement Plan.
Non-Departmental: $220,625 to restore funding to the reserve for contingency and a $49,769,196 increase to the reserve for future capital outlay to support costs of capital projects in Fiscal Year’s 2023-2027.
COURTHOUSE BOND CAPITAL FUND (35010) - $1,611,640 - Budgeted fund balance is adjusted, and funds are appropriated to reserve, and adjustment made to a capital project to reconcile prior year accruals.
TOURIST DEVELOPMENT CAPITAL FUND (35020) - <$27,947,962> - Additional fund balance and insurance proceeds are budgeted. Revenue adjustments are made to reconcile the budgeted bond proceeds per the Convention Center Expansion Project Tourist Development Tax Revenue Bonds, Series 2021. A reduction in the Transfer from the Four Cent Tourist Tax Fund is made to increase the transfer from the Four Cent Tourist Tax Fund to the 2021 Tourist Development Tax Revenue Bonds Debt Service Fund to pay the interest payment due in Fiscal Year 2022. A reallocation of existing project funds are adjusted to fund the following projects: carpet replacement at the existing Convention Center ($3,000,000); restroom renovations at the existing Convention Center ($1,752,714); and insurance payouts and deductibles related to the Convention Center West Expansion ($1,511,116).
CONVENTION CENTER HOTEL BOND CAPITAL FUND (35025) - <$68,026,115> - Budgeted fund balance is adjusted, and the Convention Headquarters Hotel project is reduced accordingly <$5,195,876>. Additionally, the budgeted bond proceeds are adjusted, per the 2022 Convention Center Hotel First Tier Revenue Bonds, Series 2022, and the following projects are reduced accordingly: the Convention Center Headquarters Hotel project <$46,274,289> and the Convention Center Headquarters Hotel Debt Service project <$16,555,950>.
BEACH RENOURISHMENT CAPITAL FUND (35030) - <$1,237,883> - Budgeted fund balance is adjusted, and segment 2 reimbursements are reduced <$2,405,260> to account for reduced anticipated city cost-shares related to an updated ILA; <$1,237,883> is reduced from segment 2 and the hotspot projects.
BROWARD MUNICIPAL SERVICES DISTRICT CAPITAL FUND (35040) - <$83,223> - Budgeted fund balance is adjusted, $200,000 is added for public art at Delevoe Park and $50,000 is added for final building improvements associated with Boulevard Gardens Park, reserves are adjusted accordingly <$333,223>.
LIBRARIES BOND CAPITAL FUND (35050) - $28,293 - Additional fund balance is appropriated and the Main Library Exterior Refurbishment project is reduced in the Libraries Bond Capital Fund <$214,527> and is budgeted in the General Capital fund. The Libraries Bond Capital fund’s share of cost allocation is budgeted ($2,820) as well as cost increases associated with the Collier City Library Refresh project ($240,000).
PARKS AND LAND PRESERVATION BOND CAPITAL FUND (35060) - <$11,761> - Budgeted fund balance is adjusted, and the land stewardship program management is adjusted accordingly.
Source of Additional Information
Norman Foster, Director, Office of Management and Budget, (954) 357-6346
Fiscal Impact
Fiscal Impact/Cost Summary
The fiscal impact is detailed above in the Summary Explanation/Background section of the agenda item.